Southington Community Cultural Arts Inc

Analysis

Southington Community Cultural Arts Inc is a registered charity in United States, based in Southington, CT. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southington Community Cultural Arts Inc reported income of $454k and spending of $433k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $454k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southington Community Cultural Arts Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include The Wright Museum of World War II ($454k), Create Wisconsin Inc ($454k) and Uncommon Voices Collective ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $140k. At year end it held assets of $1.5m against liabilities of $79k, net assets of $1.4m. It reported 5 employees.